Harvest House Inc

Analysis

Harvest House Inc is a registered charity in United States, based in Destin, FL. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harvest House Inc reported income of $353k and spending of $306k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $393k to $353k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harvest House Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Loaves and Fishes Food Pantry of Maries County Inc ($353k), Restore Humanity Inc ($353k) and Nittany Greyhounds ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (24% of expenses). Other salaries and wages came to $81k. At year end it held assets of $359k against liabilities of $37k, net assets of $323k. It reported 13 employees.